Census Bureau: Upcoming Online News Conference to Announce Report Findings on Poverty, Income and Health Insurance
What: The U.S. Census Bureau will hold an online news conference to announce the findings from three reports: Income and Poverty in the United States: 2016, Health Insurance Coverage in the United States: 2016, and The Supplemental Poverty Measure: 2016. The income and poverty report provides national-level statistics from the Current Population Survey Annual Social…
HUD & Census Bureau: Residential Construction Activity in July 2017
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for July 2017. Building Permits: Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,223,000. This is 4.1 percent (±0.9 percent) below the revised…
CFPB: Too Many Student Loan Borrowers Struggling, Not Enough Benefitting from Affordable Repayment Options
For five years, we’ve heard from borrowers like you about the problems you encounter when repaying student debt, particularly when you run into trouble and need help finding a way to make ends meet. Today, we released a new report showing how student loan repayment has changed over the last 15 years. In our report,…
ABA: Foundation Seeking Banks to Host 8th Annual Lights, Camera, Save! Video Contest
WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create up to a 90-second video that…
Federal Reserve: Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card Debt
Credit Card Delinquency Flows Step Up Notably Over Past Year, While Delinquency Flows for Other Non-Housing Debt Worsen Modestly NEW YORK – The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased by $115 billion (0.9%) to $12.84 trillion in the second…
SBA: Grants Awarded to 21 State and Local Economic Development Entities, SBDCs, and Universities to Support R&D Commercialization and Small Business Innovation
The U.S. Small Business Administration has granted up to $125,000 awards in FY 2017 to 16 Federal and State Technology (FAST) Partnership Program recipients including state and local economic development entities, small business development centers, colleges and universities and up to $200,000 awards to five Small Business Technology Development Centers (SBTDCs) that provide support to…
CDFI Fund: Call for Affordable Housing Finance Practitioners by August 18th
The Community Development Financial Institutions Fund (CDFI Fund) is issuing a call for well-qualified persons to serve as application reviewers for the fiscal year (FY) 2017 application round of the Capital Magnet Fund (CMF). The CDFI Fund has contracted with F2 Solutions to recruit reviewers. Recruitment will be conducted by F2 Solutions on a rolling…
Census Bureau: U.S. Population on the Move Between Counties
Today the U.S. Census Bureau updated the Census Flows Mapper to include 2011-2015 American Community Surveydata. Census Flows Mapper is a web mapping application that allows users to view and save county-to-county migration flows in the United States. Users can sort and customize maps by dataset, type of migration flow, colors and range of movers….
HUD: Anna Maria Farias Sworn in as Assistant Secretary for Fair Housing & Equal Opportunity
WASHINGTON – Texas native Anna Maria Farías is the new Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development (HUD). Following her confirmation last week by the U.S. Senate, HUD Secretary Ben Carson today administered the oath of office to Farías who will now lead the Department’s…
Federal Reserve: FinTech and Financial Innovation – Drivers & Depth
Abstract: This paper answers two questions that help those analyzing FinTech understand its origins, growth, and potential to affect financial stability. First, it answers the question of why “FinTech” is happening right now. Many of the technologies that support FinTech innovations are not new, but financial institutions and entrepreneurs are only now applying them to…